RepRisk’s dynamic business intelligence supports CDP’s evaluation process
ZURICH, SWITZERLAND and LONDON, UK – March 11, 2015 – RepRisk, a leading provider of business intelligence on environmental, social and governance (ESG) risks, has announced that it will provide dynamic ESG risk data to CDP, an international organization that pioneered a global system for the measurement, disclosure and management of environmental information, and works with investors to tackle the risk in their investment portfolios.
RepRisk will provide ESG data to support CDP’s final review of companies identified as Climate Performance Leaders using the CDP scoring methodology. CDP’s global index is produced at the request of 822 investors and assesses companies’ actions on climate change mitigation and transparency as demonstrated by their CDP response.
RepRisk’s data will add to the current evaluation process by validating company-provided information and clarifying how a company’s policies, commitments and initiatives translate into performance.
“The integration of RepRisk data in 2015 adds an additional level of accountability for companies that CDP identifies as leaders,” said Pedro Faria, Technical Director at CDP. “Our partnership with RepRisk allows us to help companies, investors and policy makers better understand the ESG-related risks that impact their business and their reputation with stakeholders.”
“Awareness of ESG risks continues to grow and indexes such as CDP’s help to spotlight and benchmark company performance,” said Alexandra Mihailescu Cichon, Head of Business Development & Marketing at RepRisk. “RepRisk is committed to providing resources that help business leaders and investors make more informed decisions on ESG issues and we are excited to partner with a recognized industry leader like CDP in this effort.”